Tokyo – Japanese MSO, Jupiter Telecommunications Co., Ltd. (J:COM), has announced changes to its organization effective May 1, 2008. Organizational changes include the transfer of the AIT Division from the Corporate Planning & Strategy Unit to the Group Strategy Unit, and the resulting organization being formally renamed as the Business Strategy Unit; as well as the transfer of the Corporate Strategy Department to the Corporate Planning & Strategy Division under the Corporate Planning & Strategy Unit from the Group Strategy Unit. The organizational changes targets to improve operational efficiency of the entire group by strengthening its IT strategy, and to promote collaboration between corporate planning and new business investment strategies respectively. Separately, J:COM announced its financial results for the first three months in 2008 ending March 31, which saw it earn ¥71,492million (US$682.9million) in revenue, up 12.3% year-on-year; an operating income of ¥13,386million (US$127.8million) which is 29.9% increase from the same period in 2007; and ¥12,007million (US$114.7million) in income before taxes, a 32.4% increase year-on-year.
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